Blog Category: SBA Loans
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Small Business Administration Loans and How to Get Approved
According to reports, there are over 30 million small businesses in the US. In addition, small businesses employ 47,5% of the workforce, which equates to roughly 58.9 million people. Small business owners need to know more about Small Business Administration loans. Thanks to the fact that small businesses are powering the US economy, the government […]
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Financial Help During Coronavirus: How Does an SBA Disaster Loan Disbursement Work?
The effect of the COVID-19 pandemic on America’s GDP is likely to be even greater than that of the global recession in 2008. Small business owners are now needing to know how an SBA disaster loan disbursement works. This catastrophic impact will affect all businesses, but small businesses may be in particular danger. Many will […]
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US Business Funding for Small Businesses: How to Get a Grant
According to US business funding statistics, over 60% of new businesses fail within ten years. One of the top reasons why so many small businesses go under is lack of capital. Building a business takes resources, and not all new businesses can generate enough profits to support growth. Up to 77% of small businesses are initially […]
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10 Reasons for Startup Businesses to Apply for SBA Loans
The U.S. Small Business Administration (SBA) estimates that more than 627,000 new businesses open in the country every year. Are you at the helm of one of them? As you seek to get your startup off the ground, it’s likely that your expenditures will outpace your capital, at least in the beginning. This is where […]
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10 Helpful Tips to Applying for Small Business Loans for Women
Statistics show that 39% of businesses in the US are owned by women but the statistics on business loans for women paint a different picture. Unfortunately, female small business owners receive 157 times less funding than male-run businesses. This gender bias predominates in funding and capital raising scenarios. Fortunately, when it comes to loans, the […]
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10 Tips for Applying for Small Business Loans
Are you a small business owner looking to get your venture off the ground, fund new research, or expand into new states? If so, applying for small business loans could potentially provide the capital you need to make those dreams come true. Every year, millions of entrepreneurs just like you are applying for small business loans […]
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9 Tips for Successfully Applying for an SBA Disaster Loan Disbursement
In March 2020 the US has declared a 50-state disaster, something that has never before happened in the history of the United States. Because of the swift spread of the coronavirus, many small businesses have been hit hard by the economic impacts of the pandemic and are now in need of an SBA Disaster Loan […]
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10 Tips to Applying for Small Business Loans for Veterans
If you or your spouse served in the military and are thinking of starting a small business, you aren’t alone. More and more, today’s veterans are choosing small business ownership as a viable career path. Veterans possess the dedication, drive, and self-discipline needed to compete in today’s competitive business market. If the thought of financing […]
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What Types of Small Business Loans Exist for Veterans?
As a veteran, your years in military service provided you with valuable skills that translate to the business world. Making good decisions, taking smart risks, and being self-disciplined are all skills of a successful entrepreneur. Many veterans choose to embark on a new career as a small business owner. But starting a business requires money. If you’re […]
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SBA Programs: What Is an SBA Loan, and What Are the Different Types?
The Office of Advocacy at the US Small Business Administration (SBA), reports that more than 90 percent of all companies in the US are considered a “small business.” There are more than 30 million small business companies in operation today. Luckily these small companies can access plenty of government funding resources available to make their entrepreneurial dreams […]
